Pathé Exchange was an independent American film production and distribution company from 1921 through 1927.
As early as 1900, the French company Pathé, at the time among the largest and most successful film studios in the world, distributed its films in the United States. In 1904, it launched an American subsidiary, Pathé Company, based in Buffalo, New York. In 1909, Pathé was asked to join the Motion Picture Patents Company (MPPC). As a result, Pathé utilized MPPC's General Film Company distribution company to distribute its films. Beginning in 1914, the Pathé Frères' film production studios in Fort Lee, New Jersey produced the extremely successful serialized episodes called The Perils of Pauline. Pathé stopped all production in the US by 1914 and in 1915 re-incorporated Pathé Company to Pathé Exchange.
By 1923, after coming under the control of Merrill Lynch, Pathé Exchange was once again re-incorporated to American Pathé.
In March 1927, American Pathé was acquired by Joseph P. Kennedy and merged with the Keith-Albee-Orpheum chain of theaters and with Cecil B. DeMille's independent Producers Distributing Corporation to create what would eventually become RKO Radio Pictures.
In that interim period, production of short subjects credited to American Pathé increased to about 150 in five years, under the nameplates "Manhattan Comedies", "Campus Comedies", "Melody Comedies", "Checker Comedies", "Folly Comedies", "Rainbow Comedies", "Rodeo Comedies" and "Capitol Comedies", featuring players such as Franklin Pangborn, Thelma White, Buck and Bubbles, and Alan Hale.
By 1932, the company switched to producing newsreels & documentaries only.
- The history of foreign investment in the United States, 1914–1945, by Mira Wilkins, page 89
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